Ramp reportedly raised $1.85 billion in a new funding round, valuing the spend management platform at $60 billion before the new capital is included. The valuation was reported based on sources familiar with the deal.
8:25 PMPYMNTS1 story from 1 source
Sunday, October 11, 2026
Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.
Other Developments
A curated list of other prominent stories from this day.
8:25 PMPYMNTS
Ramp Valued at $60 Billion Following New Funding Round
Summary
Ramp reportedly raised $1.85 billion in a new funding round, valuing the spend management platform at $60 billion before the new capital is included. The valuation was reported based on sources familiar with the deal.
The financing gives Ramp substantially more private-market value and capital to expand its corporate payments
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Ramp's valuation signals that investors still see major upside in software-led platforms that control corporate spending and payments.
Make it yours
Build Your First Pass.
Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!